Figure 30-3 on the Following Graph, MS Represents the Money Supply and Supply

Multiple Choice

Figure 30-3
On the following graph, MS represents the money supply and MD represents money demand.
-Refer to Figure 30-3. At the end of the first year, the relevant money-supply curve was the one labeled MS₂. At the end of the second year, the relevant money-supply curve was the one labeled MS₁. Assuming the economy is always in equilibrium, what was the economy's approximate inflation rate for the second year?

A) 43 percent
B) 30 percent
C) -30 percent
D) 14.3 percent